The Waterway Developments

The Waterway Developments is a mid-to-large Egyptian developer founded in 2010 and owned by Eng. Ahmed El Swedy and Eng. Hossam Hassan.

The company is known in the market for its integrated model: real estate development plus commercial operations, facility management, and hospitality (serviced apartments). النسخة العربية · English version.

About The Waterway Developments

Founded in 2010 by Eng. Ahmed El Swedy and Eng. Hossam Hassan, Waterway is an Egyptian developer whose portfolio is concentrated in New Cairo and the New Administrative Capital, with recent expansion onto the North Coast.

The company operates across four verticals: residential and administrative real estate development, retail centre development and management, facility management, and serviced apartments under the My OTEL brand.

Track Record

Since launch, Waterway has built a strong presence in New Cairo through its anchor project The Waterway New Cairo, one of the earliest mixed-use compounds in the Fifth Settlement.

The company then rolled out a Waterway family of projects: The View Waterway, 5A Waterway, Waterway Branded Residence, W Signature, plus the standalone Kairo project.

Waterway also runs its own hospitality brand (My OTEL) for serviced apartments — a product line rarely seen among Egyptian developers at this scale.

Areas Served

The largest concentration is in New Cairo compounds, where six active developments sit in the company's portfolio, with further projects in the New Administrative Capital and along the North Coast (Dabaa).

Waterway Project Portfolio in Egypt

The original The Waterway New Cairo set the company's visual identity: stone facades, water features, and an open commercial promenade (The Hub) serving residents and the surrounding catchment.

Subsequent additions followed: The View Waterway focused on villas, 5A Waterway on mid-density residential, and Branded Residence on managed hotel-style apartments.

Kairo and W Signature represent the company's move into New Cairo's higher price points, with hotel-grade finishes and tighter amenity sets.

Why Buy from Waterway

First, sixteen years of accumulated experience (since 2010) in essentially the same geography. That means deep familiarity with New Cairo demand and strong relations with the local authority (New Cairo City).

Second, the integrated operating model. Waterway does not deliver and walk away — it runs the commercial strip and the facility management itself. That shapes post-handover maintenance quality and resale value.

Third, a product for every segment: mid-priced apartments in the older phases, villas at The View, branded residences for the high end, and offices in the commercial component.

Waterway Developments FAQ

When was The Waterway founded and who runs it? Founded in 2010, owned and led by Eng. Ahmed El Swedy and Eng. Hossam Hassan.

Where does Waterway operate in Egypt? Most of the portfolio sits in New Cairo (six active projects), with further developments in the New Administrative Capital and Dabaa on the North Coast.

Does Waterway offer installment plans? Yes. New projects come with plans of up to 8 years and down payments starting at 5 to 10 percent. Terms vary by phase.

What is the difference between the Waterway phases? Older phases (Waterway 1) are apartment-focused, The View centres on villas, 5A is mid-density, Branded Residence delivers managed hotel-style apartments.

Does Waterway manage its commercial area itself? Yes. The Hub Waterway is operated by the company through its facility-management arm — a contrast to developers who sell the retail and exit.